Business

Memorandum of Understanding Signed on the Sidelines of the UN General Assembly The Tony Elumelu Foundation and the UN Capital Development Fund (UNCDF) today signed an agreement to support youth entrepreneurship in Africa, with a specific focus on historically underinvested areas within African frontier markets. In bringing together the expertise, …

I have read the Nairametrics report one more time. It was damning and damaging. It contained information that was not only annoying but irritating. A disgraceful loss position, a humiliating comparison with FMDQ a recent venture, and a shameful expense schedule showing billions spent on only about 200 people. A …

  The Food and Beverage Recycling Alliance (FBRA), recently partnered with the Lagos State Waste Management Authority (LAWMA) and the Lagos State Recyclers Association (LAGRA) to celebrate the third anniversary of the Lagos Recycling Initiative. The Alliance, with current membership of 28 organizations, was established in 2018 as  the industry-coalition …

Prudential Zenith Life Insurance Limited (“PZL”) has announced its audited financial results for the year ended 31st December 2021, recording a 75% growth in profit after tax (PAT) of ₦1.13b compared to the ₦646m recorded in the corresponding period in 2020. The results, which was approved by the Board of Directors …

Kuda has been announced as a member of the first class of the PYMNTS EMEA 60 by PYMNTS, the global leader in payments industry news and data analytics. Karen Webster, the Chief Executive Officer (CEO) of PYMNTS, made the announcement in a recent letter to Babs Ogundeyi, the Chief Executive …

The Dangote Sugar Refinery Plc (DSR) has scaled up its social intervention programmes around host communities in Adamawa and Nasarawa States where its Backward Integration projects are located. The Group is investing hugely in raw sugar production as part of the Federal Government Sugar Master Plan. This is coming on …

Mama Joy always has difficulty finding out how much profit she makes from her groceries business. She neither has an idea if she was running at a loss nor making profits coupled with her daily expenditures. Stanz’s case is not any different as he always struggles calculating how much profit …

Herbert Wigwe The half year 2022 results of Access Holdings Plc indicate gross earnings of N591.803 billion, representing a growth of 31.42 per cent yearon- year. According to its unaudited half-year financials submitted to the Nigeria Exchange Limited, the bank also made significant improvements across key performance indicators. The result …

In a bid to deepen insurance penetration in the country, FBNInsurance Limited said it plans to increase the number of policyholders to one million within the next one year. Managing Director of the company, Mr. Tunde Mimiko, who disclosed this at a press conference in Lagos, noted that currently the …

With the Nigerian population expected to reach 230 million by 2025, food security is of considerable importance. Today, the demand for food appears to be outstripping supply as a result of reduced productivity combined with post-harvest waste. To reverse this trend, we need innovative solutions to modernize our farming methods. …